Latest in Industry Braces Tariffs
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Europe's pharma industry braces for tariffs as carve-out hopes fade
Europe's pharmaceutical sector is bracing for the potential impact of U.S. tariffs as hopes of an industry-wide exemption by President Donald Trump fade.CNBC - 2d -
GM's first-quarter U.S. vehicle sales lead industry as automakers brace for tariffs
General Motors and other automakers reported notable increases in their first-quarter U.S. vehicle sales, as the automotive industry braces for the impacts of President Donald Trump’s auto tariffs ...NBC News - 3d -
Why Norway is edging towards a fresh EU membership bid
Also in this newsletter: Ireland’s pharma industry braces itself for Donald Trump’s tariffsFinancial Times - 4d -
GM's first-quarter U.S. vehicle sales lead industry as automakers braces for tariffs
GM reported a 16.7% jump in U.S. sales compared to the first quarter of 2024, led my incremental gains in sales of new EVs and notable gains in full-size SUVs.CNBC - 2d -
Apr 3: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump's 25% auto tariffs now in effect; Trump's tariffs draw rebukes from world leadersCBS News - 22h -
GOP braces for potential defeat on Trump tariff bill
Senate Republicans are bracing for the passage of a bipartisan bill to undo President Trump’s 25-percent tariff against Canada, which would deal Trump an embarrassing setback on “Liberation Day,” ...The Hill - 2d -
Apr 2: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump’s 25% tariffs on imported car and auto parts; Trump announces 10% tariff on all countries and additional specific reciprocal tariffs on “worst offenders”CBS News - 1d -
Factory activity slumps as manufacturers brace for Trump tariffs
U.S. manufacturers are sounding worried about the Trump administration’s trade policies ahead of a hotly anticipated announcement on tariffs that’s expected from the White House on Wednesday. ...The Hill - 3d -
Small businesses brace for impact of new Trump tariffs
President Trump is set to unveil new reciprocal tariffs on April 2nd. But some small business owners are worried about the impact it could have on their bottom line. NBC News' Vaughn Hillyard spoke ...NBC News - 5d -
Consumers brace for economic impact of Trump's reciprocal tariffs
President Donald Trump is set to unveil new reciprocal tariffs with taxes expected on imported goods from around the world that are set to go into effect immediately. NBC’s Christine Romans joins ...NBC News - 2d -
Trump gambles on tariffs as nation braces for economic fallout
President Trump took his biggest gamble yet on the economy Wednesday when he pressed forward with sweeping tariffs on imports from nearly every country in the world. But in fulfilling a key ...The Hill - 1d -
Trump’s Tariffs Could Reshape the US Tech Industry
Apple, Amazon, and other tech companies reliant on global supply chains stand to lose the most from President Trump’s trade policies, but some software firms expect more demand for their services.Wired - 1d -
Investors brace for sweeping Trump tariff announcement
Trading on Wall Street volatile as US president prepares to escalate trade war on ‘liberation day’Financial Times - 2d -
Renewable Energy Sector Braces for Trump Tariffs
The components used to assemble wind turbines are made by suppliers around the globe.The New York Times - 2d -
Businesses brace for new tariffs as Trump is set to unveil details
President Trump is set to announce new tariffs on potentially hundreds of U.S. trading partners in a Rose Garden ceremony at the White House on Wednesday. The White House press secretary says the ...NBC News - 3d -
Nations braced for Donald Trump’s ‘Liberation Day’ levies
US secondary tariffs to be announced, while car finance providers launch high-stakes appeal in UK Supreme CourtFinancial Times - 5d -
‘Another nail in the coffin’: Germany’s car industry faces up to Trump’s tariffs
There are major concerns about the potentially ‘catastrophic’ impact US policy will have on vehicle makers . Emerging into the springtime sun from gate 17 at Volkswagen’s main factory in Wolfsburg ...The Guardian - 11h -
'It's a huge blow to Scotland's whisky industry' - UK firms react
Business in England, Scotland, Wales and Northern Ireland tell us what US tariffs could mean for them.BBC News - 1d -
ESA Says Tariffs Will Have A "Detrimental Impact" On Entire Gaming Industry, Not Just Nintendo
Earlier today, Nintendo made the unprecedented decision to delay prerelease orders for the Switch 2 in the US in order for the company to "assess the potential impact of tariffs and evolving ...GameSpot - 6h -
World braces itself as US tariff ‘liberation day’ draws near
No one knows what Trump will do — and at this moment that includes the president himselfFinancial Times - 4d -
Starmer braced for Trump tariffs as UK seeks better outcome than EU
Prime minister still hopes to secure a trade deal with the US presidentFinancial Times - 3d -
Europe braces for flood of Chinese goods after US tariffs
EU officials ready emergency measures to prevent onslaught of discounted products in ‘economic nightmare’Financial Times - 20h -
Trump's upcoming tariffs 'will be effective immediately,' White House says
Trump's reciprocal tariffs follow other import duties he has already announced, including tariffs on goods from Canada and Mexico and industry-specific tariffs.CNBC - 3d -
Tariffs roil Big Tech
{beacon} View Online Technology Technology The Big Story Why Trump's tariffs are roiling Big Tech President Trump’s sweeping new tariffs are poised to strike a blow at the tech industry, as ...The Hill - 1d -
How Tariffs Are Hitting Digital Commerce Companies
These businesses, including e-commerce platforms and payment processors, are pulling back on public offering plans and bracing for pain.The New York Times - 1h -
Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears
President promises he will be ‘very kind’ but critics warn his strategy risks triggering chain reaction and global trade war. As Donald Trump prepared to unveil a swathe of reciprocal tariffs, ...The Guardian - 3d -
U.S. Farmers Brace for Losses in New Trade War With China
China is the third-biggest buyer of U.S. agricultural products. Now that it has punched back with tariffs on American goods, farmers can expect to feel the pain.The New York Times - 3h -
Trump and Tariffs Enter the Scene Only Days Into Canada’s Election Campaign
Without advance notice to Canada, the U.S. president put the auto industry into turmoil with a 25 percent tariff.The New York Times - 4d -
‘Scary times’: New York shopkeepers plan ‘astronomical’ price hikes under Trump tariffs
Small businesses that import goods brace for steep price increases that they have to pass on to their customers. People in the US: how have your shopping habits changed due to Trump’s tariffs? ...The Guardian - 10h -
American businesses share differing perspectives of Trump's tariffs
The Southern Shrimp Alliance, which represents the U.S. shrimp industry is praising the Trump administration's tariffs on nearly all foreign imports. American business owners who import products, ...CBS News - 1d -
Why Trump's tariffs are so bad for Big Tech
President Trump’s sweeping new slate of tariffs is poised to strike a blow at the tech industry, as massive import taxes on China and Taiwan disrupt trade flows that are central to tech firms’ ...The Hill - 14h -
Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
The S&P 500 index dropped 2 percent as investors weighed hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.The New York Times - Mar. 28 -
Mar 24: CBS News 24/7, 4pm ET
Journalist included in government group chat about attacks on Houthi rebels in Yemen; Mexican businesses brace for price hikes amid tariff uncertaintyCBS News - 3d -
Trump's 25% auto tariffs are in effect. What investors need to know.
DETROIT — President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry will play out ...NBC News - 1d -
UAW president stresses ‘excess capacity’ in US amid tariffs, auto layoffs
United Auto Workers (UAW) Shawn Fain stressed that there is an “excess capacity” in the auto industry within the United States amid President Trump’s tariffs and layoffs at certain manufacturers. ...The Hill - 21h -
Dow craters by 2,231 points as Trump tariffs stir stock sell-off
The stock market cratered Friday as concerns about the economic impact of President Trump’s new tariffs shook Wall Street for yet another day. The Dow Jones Industrial Average closed with a loss of ...The Hill - 4h -
Nintendo unveils high-priced Switch 2 console as Trump’s tariffs bite
New device will cost $449.99 in June release that games industry hopes will turbocharge salesFinancial Times - 2d -
Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard
The industry supplies low-cost clothing to the United States, and is a crucial part of the Asian countries’ economies.The New York Times - 1d -
Brewers warn Trump’s beer tariffs could cost 100,000 jobs in Europe
Industry blindsided by 25% levy and confused whether it applies only to products imported in cansFinancial Times - 12h